News Source: www.indiatoday.in
India's Industrial output contracts 10.4% in July, indicating slight recovery
News Source/Courtesy: www.indiatoday.in

Data shows India's contracted 10.4 per cent in July, 2020 as compared to the same month last year.

[REPRESENTATIVE IMAGE] File photo of an edible oil factory in Jammu

[REPRESENTATIVE IMAGE] File photo of an edible oil factory in Jammu (Photo Credits: PTI)

India's industrial output contracted 10.4 per cent in July from a year earlier, government data showed on Friday, as a monthly measure indicated some recovery in the sector that was hit by lockdowns imposed to curb the spread of coronavirus.

Analysts polled by Reuters had expected an industrial output contraction of 11.5 per cent in July.

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News Source: www.indiatoday.in

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